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Topic: [ANN][XEL] Elastic Project - The Decentralized Supercomputer - page 161. (Read 450523 times)

legendary
Activity: 1260
Merit: 1168
although I participated in the ICO I don't remember really well how this went. can someone ELI5 who will get the funds from the ICO as payment? Can they be used for a foundation?

I believe that many people already got a piece of the cake, some more some less! But I also guess that nobody wants to talk about it to avoid blackmailing, doxing and other sick pricks. I have been "fortunate enough" to experience some of those sickos myself. I guess those, who are lucky enough to live in the southern states (with the stand your ground laws) and have a "surprise" ready under their pillow to administrate an appropriate welcome party, may be more open. But all others I can totally understand and respect their decision. As long as they stay lawful and pay their taxes correctly, I think there is nothing wrong about it. That's why I would (and will) never ask anyone here about any funds. Also, I don't want any funds from anyone now or in the future.

In my personal eyes, I think governments must get more involved in crypto; if that could be done decentralized, that would rock  ... I know it's not everyone's view.
hero member
Activity: 586
Merit: 501
although I participated in the ICO I don't remember really well how this went. can someone ELI5 who will get the funds from the ICO as payment? Can they be used for a foundation?
legendary
Activity: 1775
Merit: 1032
Value will be measured in sats
i think we could put foundation roles stuff to a vote. Similar to how we decided the coin supply.
However I still think EK or Lannister shld be president.

Putting it out there that i can help to do any graphics design things that are needed (banners, slides or logos).  Wink
hero member
Activity: 1111
Merit: 588
All I keep seeing is post after post of people saying "others" need to do something.  I have yet to see any recent posts from this community where anyone actually stands up and does something.

I regret spending the last 4 months of nights and weekends developing the miner to support xel.  It doesn't matter to me if someone clones the code or if it never gets used at all...I get paid the same either way...nothing.  At the time, I just did it for fun, but looking at all the whining going on here, I wish I hadn't.

Coralreefer , i'm really sorry that you feel this way , and i hope that this feeling will be a memory in the future . I really have to thank you for one more time guys for developing a project like this without any reward . I REALLY admire all of you . I'm not sure - even if i had the knowledge - that i would contribute to a project without reward .
I have said in the past that we ( community ) should take in our hands some parts of this project to let you guys do what you know better . Personally , i have created a XEL twitter account and trying to setup a facebook page . I have the willing to contribute but unfortunately don't have the knowledge .
I really hope that this project will find it's path . I can understand your dissapointment , but you have to understand that there are people who want to help but they don't have the skills . I would be glad if someone give me instructions what to do to help .
If there's anything more i can do don't hesitate to "ping" me .
Best regards .
PS For one more time i hope that you can understand what i'm writting Smiley .
sr. member
Activity: 448
Merit: 250
Ben2016
All I keep seeing is post after post of people saying "others" need to do something.  I have yet to see any recent posts from this community where anyone actually stands up and does something.

I regret spending the last 4 months of nights and weekends developing the miner to support xel.  It doesn't matter to me if someone clones the code or if it never gets used at all...I get paid the same either way...nothing.  At the time, I just did it for fun, but looking at all the whining going on here, I wish I hadn't.
Coralreef, we all appreciate for your hard work. Sorry if the community doesn't show enough appreciation , but I'm sure in long term EK, YOU, UNVOID and others will be well recognized. Also, I think because most of us here are investors, not very tech savvy, it creates misunderstanding of whining rather than some frustration created by not being able to contribute enough.
Again, hope you don't regret your great work. Thank you !
sr. member
Activity: 464
Merit: 260
All I keep seeing is post after post of people saying "others" need to do something.  I have yet to see any recent posts from this community where anyone actually stands up and does something.

I regret spending the last 4 months of nights and weekends developing the miner to support xel.  It doesn't matter to me if someone clones the code or if it never gets used at all...I get paid the same either way...nothing.  At the time, I just did it for fun, but looking at all the whining going on here, I wish I hadn't.
hero member
Activity: 1050
Merit: 506
If it's not maintained by the authors or a designated team but is instead left in the wild, whose to say that whoever picks it up first and launches a mainnet will even honor the original donators and genesis block?

Couldn't they just launch a mainnet with their own genesis and sell the coins again? And it sucks but if they are the first to launch... well, they got there first with free work.

I don't like how this could end up. You have every reason to be pessimistic.

You're right. You can launch your own coin with the current version of XEL code, BUT then:
-you will need to continue development on your own
OR
-you will have to follow XEL's development team in order to keep your coin up to the date with XEL, but what would be your value proposal then?

It's similar to RISE and LISK, where RISE team initially followed LISK very closely, but then they decided to start their own code from scratch.

In this case however, I believe XEL will be better than its clones :-)


There are some good things about clones too. It is free and good PR to the parent project since people will always look for the original
hero member
Activity: 1022
Merit: 507
If it's not maintained by the authors or a designated team but is instead left in the wild, whose to say that whoever picks it up first and launches a mainnet will even honor the original donators and genesis block?

Couldn't they just launch a mainnet with their own genesis and sell the coins again? And it sucks but if they are the first to launch... well, they got there first with free work.

I don't like how this could end up. You have every reason to be pessimistic.

You're right. You can launch your own coin with the current version of XEL code, BUT then:
-you will need to continue development on your own
OR
-you will have to follow XEL's development team in order to keep your coin up to the date with XEL, but what would be your value proposal then?

It's similar to RISE and LISK, where RISE team initially followed LISK very closely, but then they decided to start their own code from scratch.

In this case however, I believe XEL will be better than its clones :-)
legendary
Activity: 2124
Merit: 1013
K-ing®
I agree a foundation is required with community members (voting) to manage website, PR and communication with exchanges etc. We can donate some funds to foundation.

I see EK likes decentralisation Smiley, but we (XEL) need him, and it is fair from us 2 make donations 4 his work.
I cant see one good reason not to, because without him.....XEL is dead.
Everyone can donate to him and/or fundation (with him) 10-20% of XEL shares.

He must be paid for his work.

My suggestion for fundation: 1.EK, 2.person who help the most, and 3.one donator (we can vote with our funds for this forum member of fundation)

sorry 4 bad english Smiley

member
Activity: 96
Merit: 10
I agree a foundation is required with community members (voting) to manage website, PR and communication with exchanges etc. We can donate some funds to foundation.
hero member
Activity: 586
Merit: 501
I am very excited about this project but I also agree it needs some leaders. Nothing ever went forward without leaders even bitcoin.
Launch is important, monitoring mainnet is also important, chatting with exchanges for the integration is also important etc.

I propose is EK is not up to the task and wants to remain a dev for people either to setup a foundation or elect a leader through voting as happened with the amount of coins earlier. There can be a period of public candidacies etc.
hero member
Activity: 656
Merit: 500
If it's not maintained by the authors or a designated team but is instead left in the wild, whose to say that whoever picks it up first and launches a mainnet will even honor the original donators and genesis block?

Couldn't they just launch a mainnet with their own genesis and sell the coins again? And it sucks but if they are the first to launch... well, they got there first with free work.

I don't like how this could end up. You have every reason to be pessimistic.

Stealing the code and rebranding it as your own will probably not be taken lightly by the crypto community. There would probably be a backlash and nobody will want to buy such coin.
legendary
Activity: 2165
Merit: 1002
If it's not maintained by the authors or a designated team but is instead left in the wild, whose to say that whoever picks it up first and launches a mainnet will even honor the original donators and genesis block?

Couldn't they just launch a mainnet with their own genesis and sell the coins again? And it sucks but if they are the first to launch... well, they got there first with free work.

I don't like how this could end up. You have every reason to be pessimistic.
hero member
Activity: 826
Merit: 532
Ek and other people have worked for free and we can soon see the result, but I do not see how we are going to move on to the next step, which is to value this software.
Perhaps it is pessimistic but, could not someone come and take advantage of all this time and work?
Lannister is not there and EK wants to give the work for everyone to develop, but if we do not organize, it will be another to take it.

I am happy to see that we have come here thanks to the selfless work of people of great value, but I do not see anything clear about the future. I think if the product is really good and there is no organization here, someone will take advantage of it.

This is not a criticism of Ek at all, I just think 1 person or several should manage this project, and as a donor, I would like us to continue here.

Very thanks @Unvoid, now i have my wallet in Electrum.
sr. member
Activity: 448
Merit: 250
Ben2016
i think EK needs to get some payment for his work.

Thanks, but please don't worry about any payment for me, I don't need anything at the moment.
EK, you're a humble and truly a professional person. Hope you would visit us here in China soon.
legendary
Activity: 1260
Merit: 1168
i think EK needs to get some payment for his work.

Thanks, but please don't worry about any payment for me, I don't need anything at the moment.
legendary
Activity: 2124
Merit: 1013
K-ing®
i think EK needs to get some payment for his work.
Lannister is ''out'' (i hope he's ok and he will come back).

When i write fundation that is mistake...EK need get some for his work
sr. member
Activity: 581
Merit: 253
Thank you for the update EK. Great work guys!

hero member
Activity: 513
Merit: 500
You might not necessarily need a leader or leaders, but you do need a planner or planners.  The community can be the final arbitrator, but you still need an individual, group or team to put forward suggestions for the community to decide upon and for the individual, group or team to action.

Getting the PR done requires ensuring that specified tasks get done and that the tasks are the responsibility of specific individuals.  This way you ensure that all the tasks get done.

Updating the website can only be performed by those that have access to it and someone (or several someones) need to control the official email account for the project and ensure that the messages/Press Releases, etc. that go out, do so with the understanding and agreement of the community.  These tasks cannot be performed randomly and need to be coordinated.

I'm willing to work as part of a PR team and it would be a good idea if we could identify who will be in the PR team now, to begin identifying and assigning tasks, in order to promote the Elastic project.

Couldn't agree more - and planning doesn't even have to be anything corporate like crazy - just a simple roadmap. In a way EK already does that by communicating what are the plans and where we are - these things change quickly too, and for that reason you want to keep it flexible.

But still - having high level goals for each quarter of the years ahead is a good thing and communicates clearly the direction the project is trying to go.

Perhaps someone with some PM skills should step in and work with the team.
full member
Activity: 190
Merit: 100
I see it this way - and this is just my personal view: A decentralized project does not need a leader, does not neet a company and does not need a foundation. Futhermore, a well programmed decentralized project doesn't need anyone, who has more to say than others or takes the responsibility for either man power or planning decisions.

That's why I love decentralization and why I hate crypto companies. I would have never gotten involved in any of the other projects, who first think to form a company (for the image of course) and then start working in some old fashion structures.

But go ahead, it's a free world, why not making a foundation. It's just that I don't want to enter ... but who am I to decide anything  Wink

Now, I am getting back to work .. not because a boss tells me to, but because it is pure fun! Yet, I am not saying that getting rewarded is a bad thing! Everyone got to pay his bills.

You might not necessarily need a leader or leaders, but you do need a planner or planners.  The community can be the final arbitrator, but you still need an individual, group or team to put forward suggestions for the community to decide upon and for the individual, group or team to action.

Getting the PR done requires ensuring that specified tasks get done and that the tasks are the responsibility of specific individuals.  This way you ensure that all the tasks get done.

Updating the website can only be performed by those that have access to it and someone (or several someones) need to control the official email account for the project and ensure that the messages/Press Releases, etc. that go out, do so with the understanding and agreement of the community.  These tasks cannot be performed randomly and need to be coordinated.

I'm willing to work as part of a PR team and it would be a good idea if we could identify who will be in the PR team now, to begin identifying and assigning tasks, in order to promote the Elastic project.
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